Business

Crypto markets saw wild price swings Monday during Donald Trump’s inauguration ceremony, as heightened enthusiasm turned to disappointment after he refused to mention crypto during his first speech. Large-scale crypto benchmark CoinDesk 20 fell more than 5% during the ceremony, while bitcoin (BTC) fell from $106,000 to $101,000 before stabilizing around $103,000 . The Solana […]

PK Press Club – Popular cryptocurrencies continue to take center stage in the market, mainly due to the wild price action they have demonstrated in recent weeks. The latest episode was the bullish divergence of the Relative Strength Indicator, which appeared on an hourly chart of XRP against the leading cryptocurrency (BTC). In market terms,

Commissioner Mark Uyeda will take the helm of the U.S. Securities and Exchange Commission as the agency awaits Senate confirmation of President Donald Trump’s pick for the permanent position, Paul Atkins. Acting Chairman Uyeda, who has been a strong supporter of the regulator’s easing of prosecutions in the crypto sector alongside fellow Republican Commissioner Hester

PK Press Club – Here are the top three news stories from last weekend brought to you by PK Press Club. Bollinger Bands Sound Alarm for XRP Over After a remarkable week in which XRP surged over 24%, fears are emerging that this uptrend is over. The price of the Ripple-affiliated token surged 35% in

Arthur Hayes, chief investment officer of cryptocurrency venture capital firm Maelstrom, says he doubts Donald Trump’s administration will succeed in creating a strategic Bitcoin reserve, a policy many crypto enthusiasts are basing their hopes. “I don’t think Trump will succeed in creating a bitcoin reserve,” Hayes, co-founder and former CEO of BitMex, said in an

PK Press Club – Fifteen years ago today, the cryptocurrency market was a different landscape. According to historian Pete Rizzo, 15 years ago on this date, you could buy 1 Bitcoin (BTC) for just $0.50. This extremely low price of 50 cents stands in stark contrast to the current value of Bitcoin, currently at six

The Ethereum Foundation, the organization overseeing the development of the second-largest blockchain by market capitalization, is allocating 50,000 ether (ETH) worth approximately $165.3 million at the time of writing to participate in the decentralized finance (DeFi) ecosystem. The move will see the Foundation implement a 3 of 5 multisig wallet through Safe, which the organization

PK Press Club – There has been a massive surge of interest among non-cryptocurrency owners as these “outsiders” look to get in on the action. The growing interest comes amid an uptrend (BTC) that has seen its price reach all-time highs. Record Interest From Non-Bitcoin Investors Lark Davis, Bitcoin investor and entrepreneur, highlighted the increasing

Caroline Pham, one of the Commodity Futures Trading Commission’s Republican commissioners, will take over as interim head of the agency as President Donald Trump’s administration shifts U.S. policy toward a friendlier relationship with digital assets. The CFTC is poised to become one of the top federal crypto watchdogs, and Pham confirmed Monday that she will

On Monday, the market value of a new cryptocurrency, $Trump, soared to more than $10 billion as Donald Trump began his second term as president of the United States. The crypto, which launched on January 20, saw significant trading volume that contributed to its rapid rise, while hitting an all-time high just hours before Trump’s